Barnwell Industries (NYSE:BRN) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Barnwell Industries (NYSE:BRN) in a note issued to investors on Tuesday. The firm set a “hold” rating on the stock.

Barnwell Industries Stock Performance

BRN opened at $1.73 on Tuesday. The business’s fifty day moving average is $1.68 and its two-hundred day moving average is $1.83. The company has a market cap of $17.39 million, a price-to-earnings ratio of -2.54 and a beta of -0.18. Barnwell Industries has a one year low of $1.27 and a one year high of $3.20.

Barnwell Industries Company Profile

Barnwell Industries, Inc acquires, develops, produces, and sells oil and natural gas in Canada. The company operates through three segments: Oil and Natural Gas, Land Investment, and Contract Drilling. It also acquires and develops crude oil and natural gas assets in the province of Alberta, as well as invests in land interests in Hawaii.